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Note 8 - Earnings Per Share of Common Stock
 3 Months Ended
Jan. 02, 2016
Notes to Financial Statements  
Earnings Per Share [Text Block]
8
. EARNINGS PER SHARE OF COMMON STOCK
 
The following table sets forth the computation of basic and diluted earnings per share of our common stock.
 
   
Three Months Ended
  
   
January 2,
    
January 3,
  
   
2016
    
2015
  
Numerator for basic and diluted earnings per share:
                
Net income
   $ 1,142,752     $ 970,325  
                 
Denominator:
                
Denominator for basic earnings per share:
                
Weighted average shares
     2,726,127       2,962,007  
Effect of dilutive securities:
                
Employee stock options
     25,743       35,109  
Denominator for diluted earnings per share:
                
Adjusted weighted average shares
and assumed conversions
     2,751,870       2,997,116  
                 
Net income per share:
                
Basic
   $ 0.42     $ 0.33  
Diluted
   $ 0.42     $ 0.32